Takeaways:
- XRP ETF Launch Nears: Canary Capital’s updated S-1 filing could make the spot XRP ETF auto-effective by November 13, marking one of the fastest ETF approvals in crypto history.
- Retail Rotates to Web3: As institutions target ETFs, retail investors are shifting toward utility-driven ecosystems like Best Wallet ($BEST), which bridges traditional finance and DeFi.
- $BEST Leads Next Adoption Wave: Built on Fireblocks MPC tech, Best Wallet combines trading, staking (up to 78% APY), and presale access, and has already raised $16.7M, positioning itself as the next retail growth gateway.
The long-awaited spot XRP ETF may finally be just weeks away. Asset manager Canary Capital has filed an updated S-1, removing the “delaying amendment” that had previously stalled automatic approval, a major step toward launch.
Thanks to this update, the registration could go “auto-effective,” setting up a potential November 13 launch date, pending Nasdaq’s review of the firm’s 8-A filing.
The move comes immediately after Canary’s recent launches of Solana and HBAR ETFs, both of which went into effect using the same route and attracted strong early inflows.
According to Bloomberg ETF strategist Eric Balchunas, this streamlined process could make $XRP’s debut one of the fastest ETF approvals in crypto’s history.
Meanwhile, the sentiment among regulators and analysts seems to be increasingly supportive. SEC Commissioner Paul Atkins has endorsed the auto-effective approach during the recent government shutdown.
Meanwhile, Bitwise CIO Matt Hougan believes an XRP ETF could attract billion-dollar inflows within months, powered by the unwavering conviction of $XRP’s cult-like following, often referred to as the “XRP Army.”
Analysts are already eyeing an XRP price rally toward $10 – and some are projecting much higher still — mirroring the momentum seen following the Rex-Osprey ETF’s successful launch.
Yet while institutions focus on the ETF boom, retail traders are shifting their attention to emerging altcoins and Web3 platforms that can thrive independently of short-term ETF cycles.
One of the best examples of this movement is Best Wallet ($BEST), an emerging super-wallet that connects users directly to the future of decentralized finance.
Best Wallet ($BEST): The Gateway to the Next Wave of Web3 Adoption
As Wall Street embraces crypto ETFs, retail investors need tools that provide the same level of accessibility to on-chain finance. Best Wallet ($BEST) is building that bridge.
Best Wallet is a next-generation Web3 super wallet designed to make crypto participation easy, secure, and rewarding.
Powered by Fireblocks’ cutting-edge MPC-CMP technology, it’s the first non-custodial wallet to bring multi-chain support, presale access, and decentralized trading together in a single seamless platform.
The app combines three flagship products — Best Wallet, Best DEX, and the upcoming Best Card — into a single powerful crypto hub. Users can hold and trade assets across 60+ major chains, while the Best DEX aggregator automatically hunts down the best on-chain rates for every swap.
Meanwhile, the Best Card will enable users to spend their crypto anywhere, while earning cashback and rewards on every purchase.
Designed with a mobile-first approach, Best Wallet provides an intuitive, all-in-one experience that empowers both novice and experienced investors.
Additionally, its “Upcoming Tokens” portal provides users with access to vetted presales. This opens the door to early-stage opportunities while minimizing third-party risk.
Just as ETFs are making crypto accessible to TradFi institutions, Best Wallet is democratizing Web3 for everyone: setting a new standard for safety, simplicity, and on-chain opportunity.
$BEST Tokenomics: Staking, Momentum, and Long-Term Growth
As institutional money flows into ETFs like XRP and Solana, retail investors are seeking tokens that offer more than just price speculation. Best Wallet ($BEST) delivers yield, utility, and real ownership: everything that retail investors are seeking.
The ongoing $BEST presale has already raised over $16.7M, with tokens currently priced at $0.025875: a strong signal of confidence in its ecosystem’s long-term sustainability.
By staking $BEST, holders can earn up to 78% APY, while unlocking governance rights and early access to new DeFi integrations within the Best Wallet ecosystem.
Every layer of Best Wallet is engineered to make Web3 participation secure, seamless, and rewarding. From its Fireblocks MPC architecture to its presale discovery hub, $BEST turns everyday crypto activity into an intuitive, income-generating experience.
As institutions pour into large-cap crypto ETFs, $BEST builds the bridge to what’s next — giving retail users direct access to growth, yield, and innovation across the decentralized economy.
Join the Best Wallet ($BEST) presale today: the smart, secure gateway for investors seeking real on-chain opportunity!
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Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/canary-capital-xrp-etf-altcoins-best-wallet-token/